2985-87 54Th St San Diego, CA 92105
New
- Added:
- Apr 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Apr 10 at 7:06 am
Property Features for 2985-87 54Th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3:RESTRI
- Bedrooms
- 10
- Bathrooms
- 6
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 8, Bathroom 3, Bedroom 9, Bathroom 5, Bathroom 4, Bathroom 1, Bedroom 7, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 10, Bathroom 6
- Exterior features
- Public Street
- Standard status
- Active
- APN
- 477-341-01-00
- Size
- 2,989 SF
- Lot size
- 0.14 Acres
Utilities
- Cooling system
- Wall/Window Unit(s)
Building Details
- Year built
- 1951
- Floors in Building
- 1
- Number of units
- 4
- Roof type
- Composition
Listing agent Mark Revetta License #01248164 (619) 889-6275
Listing office OnQu Realty 9400 Grossmont Summit Dr#206, La Mesa, CA (619) 462-6678
Listing date Apr 9, 2026
MLS# 260008464
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turnkey San Diego Multifamily Investment
This is a turnkey, fully remodeled 4-unit multifamily investment property. The unit mix includes three 3-bedroom units and one 1-bedroom unit. Each unit features indoor laundry, air conditioning, and heat. The units have not been previously occupied since renovation, presenting a turnkey opportunity for a new owner and tenants. The property is professionally managed and currently advertising for tenants. It is located in a high-demand rental corridor of San Diego, with convenient access to mass transit, major freeways, churches, and shopping. San Diego State University (SDSU) is located 3.5 miles away. The property size is 2989 square feet, situated on a 0.1372-acre lot. The property is zoned R-3:RESTRI. Realistic projections estimate approximately $10,250 per month ($123,000 per year) in income, offering a GRM of 12.6 and a 5.85% Cap Rate at the list price. Projected operating expenses are approximately 26.5%, including a transferrable 6.5% management fee, supporting a solid investment profile.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.0791664
- Latitude
- 32.7362545
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully remodeled 4-unit property in high-demand rental corridor.
Where is this quadplex located?
The property is located at 2985-87 54Th St San Diego, CA.
What is the asking price?
The asking price for this property is $1,548,000.
What are key features of this property?
This property features: Turnkey 4‑unit investment property, fully remodeled and never occupied post‑renovation.; Projected income of approximately $10,250/month ($123,000/year) with a 5.85% Cap Rate.; Each unit has its own indoor laundry, A/C, and heat.
